Noram Lithium Corp Stock Target Price
NRM Stock | CAD 0.13 0.01 8.33% |
Noram Lithium Corp fundamentals help investors to digest information that contributes to Noram Lithium's financial success or failures. It also enables traders to predict the movement of Noram Stock. The fundamental analysis module provides a way to measure Noram Lithium's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Noram Lithium stock.
Noram | Target Price |
Noram Lithium Current Valuation Drivers
We derive many important indicators used in calculating different scores of Noram Lithium from analyzing Noram Lithium's financial statements. These drivers represent accounts that assess Noram Lithium's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Noram Lithium's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 5.3M | 41.7M | 61.3M | 78.2M | 17.3M | 14.9M | |
Enterprise Value | 5.4M | 40.8M | 61.4M | 76.7M | 16.4M | 14.7M |
Noram Fundamentals
Return On Equity | -0.53 | ||||
Return On Asset | -0.35 | ||||
Current Valuation | 9.34 M | ||||
Shares Outstanding | 89.15 M | ||||
Shares Owned By Insiders | 12.39 % | ||||
Shares Owned By Institutions | 5.82 % | ||||
Number Of Shares Shorted | 10.06 K | ||||
Price To Earning | (2.31) X | ||||
Price To Book | 1.62 X | ||||
EBITDA | (6.3 M) | ||||
Net Income | (5.66 M) | ||||
Cash And Equivalents | 110.84 K | ||||
Total Debt | 55.68 K | ||||
Debt To Equity | 8.50 % | ||||
Current Ratio | 0.55 X | ||||
Book Value Per Share | 0.07 X | ||||
Cash Flow From Operations | (4.88 M) | ||||
Short Ratio | 0.65 X | ||||
Earnings Per Share | (0.05) X | ||||
Target Price | 2.07 | ||||
Beta | 1.26 | ||||
Market Capitalization | 10.7 M | ||||
Total Asset | 8.43 M | ||||
Retained Earnings | (30.37 M) | ||||
Working Capital | 3.27 M | ||||
Net Asset | 8.43 M |
About Noram Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Noram Lithium Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Noram Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Noram Lithium Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Noram Stock Analysis
When running Noram Lithium's price analysis, check to measure Noram Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Noram Lithium is operating at the current time. Most of Noram Lithium's value examination focuses on studying past and present price action to predict the probability of Noram Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noram Lithium's price. Additionally, you may evaluate how the addition of Noram Lithium to your portfolios can decrease your overall portfolio volatility.